Senior Financial Analyst

The Senior Financial Analyst plays a pivotal role in supporting the Credit Union's financial strategy and operational excellence. This position partners closely with the Senior Manager of Finance to lead core financial reporting functions, including budgeting, profitability analysis, cash flow forecasting, and product performance evaluation. The analyst contributes to board-level reporting and provides actionable insights that drive informed decision-making across departments. This role demands a high level of analytical rigor, attention to detail, and cross-functional collaboration.

Key Responsibilities:

Financial Management

• Prepare financial statements, profitability reports, credit risk analyses, and cash flow forecasts
• Maintain and update the CECL reserve model with monthly calculations.
• Assist in preparing board and committee reports, including the Finance Board Packet, ALCO, Pricing Committee, and Finance Committee.
• Collaborate on annual budget development and periodic reforecasts.

Quality Assurance

• Review monthly and quarterly reports for accuracy prior to distribution.
• Present financial analyses with clarity and precision, ensuring leaders understand methodologies and outcomes.
• Recommend pricing and product strategies to senior leadership.

Teamwork & Cooperation

• Build strong relationships with department leaders to support financial literacy and budget ownership.
• Provide ad-hoc analyses to inform operational decisions and enhance business processes.

Productivity & Innovation

• Support the implementation of new financial models and platforms.
• Identify opportunities to streamline workflows and improve reporting efficiency.
• Document procedures to ensure continuity and consistency.

• Education: High school diploma or equivalent (required); Bachelor's degree in finance, Accounting, or related field (required).
• Experience:
  
  
  
  • Minimum of 3 years in Finance, with extensive experience in financial reporting and complex modeling.
  • Technical Skills: Advanced Excel skills; familiarity with financial platforms and modeling tools.
  • Demonstrated expertise in financial forecasting and modeling within the financial services industry (Credit Union experience preferred).
  • Ability to build and interpret financial analyses related to budgets, operations, and strategic planning.
  • Skilled in assessing lending and deposit performance, investment strategies, and credit risk.
  • Proficient in benchmarking peer performance and pricing using industry standards.
  • Advanced reporting capabilities using Excel, Jack Henry ProfitStars, and nCino Portfolio Analytics.
  
  
  
  
• Soft Skills:
  
  
  
  • Excellent verbal and written communication skills.
  • Strong time management and adaptability in a fast-paced environment.
  • Advanced analytical and organizational skills.
  • Proficiency in spreadsheet modeling, including pivot tables and macros.
  • Problem solving and attention to detail.
  
  
  
  

Water and Power Community Credit Union is an Equal Employment Opportunity Employer. We are committed to fostering a diverse, equitable, and inclusive work environment. The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. Job duties, like positions, change and evolve over time. If the employee is unsure what is expected, he/she should meet with their manager.